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2014 Nashville Downtown Partnership Annual Meeting & Awards Luncheon Presentation
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To make downtown Nashville the compelling
urban center in the Southeast in which to
LIVE, WORK, PLAY and INVEST
©Warne Riker
#theNDPmeeting
7,300 Downtown Residents Now;12,000 by 2017
#theNDPmeeting
Low Vacancy + High Demand
Re-sale units on
market: less than
2-month supply
98% rental
occupancy
rates since 2012
#theNDPmeeting
Market Study: Can Absorb 3,500 New Residential Units by 2017
935 rental units under construction
1,347 rental units planned
+ Twelve Twelve — 286 new condos, 100+ already sold
#theNDPmeeting
Twelve Twelve: 1st New Condo Tower Since 2009
#theNDPmeeting
Major Employers Downtown:Relocations and Expansions
UBS Nashville Business Solutions Center
1,200 employees downtown by end of 2015
#theNDPmeeting
55,000 Downtown Employees:Up 23.4% since 2004
Downtown Employee Appreciation WeekDowntown Employee Appreciation Week
#theNDPmeeting
Additional Class A Inventory
Gulch Crossing
Opening in 2015
1201 Demonbreun
Opening in 2016#theNDPmeeting
LP Field Park and Ride Option
for Employees
Free weekday parking;
$30 for monthly
shuttle passes
4 daily routes
>1,600 monthly passes
#theNDPmeeting
Cleaning Stats, Jan-Aug 2014
Power washed 1,896 alleys and 1,028 block facesRemoved 88,361 pounds of trash and 10,298 SF of graffiti
#theNDPmeeting
Hospitality Ambassadors
YTD 3,184 Segway
miles around
downtown
YTD 9,850 directional
printouts and 1,095
discount coupons
#theNDPmeeting
650 Seasonal Hanging Baskets
Began with
68 in 2008
#theNDPmeeting
25 stations
225 bikes
Jan–Aug 2014
20,856 casual users
342 annual
members
37,787 checkouts
119,862 miles ridden
#theNDPmeeting
Easy Checkout, Easy Ride
#theNDPmeeting
New Downtown Retail
YTD 38 Downtown Retail
Openings or
Announcements
#theNDPmeeting
#theNDPmeeting
207 Downtown Dining Options
#theNDPmeeting
Downtown Amenities
19 coffee shops
11 massage therapy
10 barbers, salons, nails
9 fitness/dance studios
8 bakeries
4 ice cream shops
4 post offices
3 florists
2 urban grocery stores
1 urgent care center
#theNDPmeeting
45% Increase in Downtown
Hotel Rooms Since 2012
#theNDPmeeting
Major Hotel Renovations
#theNDPmeeting
Broadway Nights
#theNDPmeeting
Live on the Green
#theNDPmeeting
800 to 900 live music and events per month!
#theNDPmeeting
CMA Music Festival
#theNDPmeeting
Downtown As Economic Engine
©Warne Riker
#theNDPmeeting
#theNDPmeeting
Net Tax Revenue
#theNDPmeeting
Retail Taxes
“Periodically, a city has to have enough confidence in
itself to invest in itself. We have that confidence.”
—Mayor Karl Dean
©Warne Riker
#theNDPmeeting
#theNDPmeeting
West Riverfront Park
First Tennessee Park
Opening April 2015
#theNDPmeeting
Parallon & Sarah Cannon
Headquarters
#theNDPmeeting
Capitol View
#theNDPmeeting
2014 Board of Directors
#theNDPmeeting
2014 Lead Sponsors
#theNDPmeeting
2014 Lead Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 Associate Sponsors
#theNDPmeeting
2014 In-Kind Sponsor
#theNDPmeeting